Mr. Kieran Wallace:

I have not said that. I am saying that cost is a factor. There are a combination of factors, including the independent advice we received from PwC, the team that is in this business every week; the timing of trying to achieve a situation where individual mortgage holders are bidding for their own loans; the practicalities around the disclosure of information and confidentiality; the execution risk; getting best price; and the cost involved in trying to run such a process. Quite a number of factors went into the overall decision as to whether we could entertain individual mortgage holders and allow them to bid for their own loans.